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Gold & Precious Metal Buyers in Pekin, IL

3 of the 12 pawn shops, check cashing and loan stores we list in Pekin have an in-house counter that buys gold and other precious metals.

A map pin can't tell you whether a shop buys gold or just pawns electronics and tools — that split is confirmed one listing at a time from the shop's own site, signage, or posted buy list.

  1. Pawn King Pekin

    2307 Court St, Pekin, IL 61554

    Buys goldJewelryElectronicsLayaway
  2. Derby Pawn

    814 Derby St, Pekin, IL 61554-5863

    Mon-Fri 10am-5:30pm, Sat 10am-3pm

    Buys goldJewelryElectronics
  3. Old Prairie Trading Post

    814 Derby St, Pekin, IL 61554-5863

    Mon-Fri 10am-5:30pm, Sat 10am-3pm

    Buys goldJewelryElectronics
Weigh it before you go. Payouts run 40-70% of the day's melt value depending on karat and local competition, so check the spot price that morning and bring a rough weight in grams if you have a scale at home. Every seller needs a valid government-issued photo ID — it's state law, not shop policy, and the transaction gets logged with local police either way.

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Good to know

How much will a pawn shop pay for gold?

Most offer 40-70% of the day's melt (spot) value based on purity. At roughly $2,400/oz for gold, a 5-gram 14k ring typically nets $80-140 before any haggling.

Do I need ID to sell gold at a pawn shop?

Yes. A valid government-issued photo ID is required for every buy or pawn transaction under state pawn-shop law, and the sale is reported to local police as a routine anti-theft measure.